Positive Chinese data sees the FTSE grow to highest level since March October 18, 2012 BRITAIN’S top share index rose to a seven-month closing high ysterday, bolstered by mining stocks on a reassuring economic outlook from top metals consumer China. Chinese economic growth slowed to 7.4 per cent year-on-year during the third quarter, as expected, but industrial output and retail sales data for September beat forecasts, paving the way for [...]
Weak Google earnings drag Wall St lower October 18, 2012 US stocks fell yesterday, with technology stocks hit hard after Google’s surprisingly weak earnings – released prematurely during the trading day – disappointed investors. Shares of Google lost 8 per cent – the stock’s worst day since 20 January – to close at $695 after the Internet giant’s third-quarter results showed earnings and revenue fell [...]
The reason Cameron is wrong in humiliating energy tariff debacle October 18, 2012 IT IS always disappointing for politicians when a confused announcement turns a popular idea into a communications disaster. George Osborne experienced that pain earlier this year when he announced a freeze in fuel duty and, thanks to the timing, the front pages the next days were about U-turns and not lower taxes. At Prime Minister’s [...]
You can’t always get what you want but the Rolling Stones defy the gloom October 18, 2012 DON’T paint Mick Jagger too black. The Rolling Stones have come in for criticism over high ticket prices for their fiftieth anniversary gigs at the O2, which go on sale this morning. But I have some sympathy for the devil. While the cost may have disappointed some of the veteran rock band’s passionate fans, it’s [...]
Black Monday and why confidence is the key to revival October 18, 2012 TODAY is the twenty-fifth anniversary of Black Monday, when stock markets around the world spectacularly crashed and the FTSE 100 plunged from over 2,300 to depths of near 1,500. Although 1987 is long ago, and we’ve reasonably moved on to consider more recent financial disasters, Britain’s return to confidence then holds lessons for politicians and [...]
Is the coalition right to force firms to disclose the number of senior women they employ? October 18, 2012 YES Eleanor Tabi Haller-Jorden Gender diversity in business leadership offers opportunities for new perspectives, innovative thinking, and increased competitiveness. Our research has found a clear and positive correlation between women board directors and enhanced corporate financial performance, particularly when the commitment to gender diverse leadership is sustained over time. But the impact of women board [...]
Rapid responses October 18, 2012 Greek reform [Re: Greece must stop hitting snooze and wake up to economic reform, yesterday] Although Matthew Melchiorre is right to criticise Greece’s politicians for failing to reform their state, he misses a bigger issue. Politicians aren’t operating in a vacuum. Much of the Greek public – quite unlike the Estonians or Irish – doesn’t accept [...]
Burton is back to his best with horror romp October 18, 2012 FILM FRANKENWEENIE Cert PG **** Only TIM Burton could have got away with making Frankenweenie. I can just hear the pitch: “I want to shoot a feature-length, black and white, stop-motion animation about a dead dog”. Frankenweenie, though, is undoubtedly the most lovingly crafted feature-length, black and white, stop-motion animation about a dead dog ever [...]
London launch boom rolls on October 18, 2012 Autumn’s boom of London launches continues apace, with Barbarella set to open on the Fulham Road this week. Formerly one of the go-to spots for London’s luminaries, Groucho Club maestro Jack Freud has enlisted clubland’s foremost names and undertaken a £2m refurbishment to restore Barbarella to its former glory, with dinner, drinks and dancing featuring [...]
Ginger and Rosa is an interesting but flawed film that doesn’t quite deliver October 18, 2012 FILM GINGER AND ROSA Cert 12A *** Ginger and Rosa weaves a rather implausible coming of age tale about two teenage friends with the post-war fear of The Bomb, resulting in a film with a veneer of sentimentality but a surprisingly cynical heart. Ginger is a bright girl from a bohemian family who is terrified [...]
